NEXT STEP
Federal • Troy, New York • Est. 1954
Quick Facts
- Charter Number
- #9486
- Type
- Federal
- Established
- 1954
- Headquarters
- Troy, New York 12180
- Address
- 150 Defreest Dr
- Branches
- 3
- ATMs
- 2
- Members
- 4,583
- Membership Type
- Other/Unknown
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Adequate financial health. Meets NCUA capital requirements with some metrics worth watching over time.
Financial Overview
Total Assets
Members
4,583 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NEXT STEP |
|---|---|
| Total Assets | $105.9M |
| Members | 4,583 |
| Loans Outstanding | $34.1M |
| Shares & Deposits | $95.5M |
| Net Worth | $10.2M |
| Net Worth Ratio | 9.86% |
| Loan-to-Share Ratio | 35.8% |
| Delinquency Rate | 2.15% |
| Net Income | +$560,196 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
3 locations · 2 ATMs
Albany Branch
325 Washington Avenue Ext
Albany, NY 12205-5581
Troy Branch
Main Office150 Defreest Dr
Troy, NY 12180
Troy Branch
150 Defreest Dr
Troy, NY 12180
Who Can Join NEXT STEP?
Membership Type: Other/Unknown
Membership eligibility for NEXT STEP may vary. Contact the credit union directly to confirm qualification requirements.
Contact NEXT STEP directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View New York RankingsFrequently Asked Questions
Yes. NEXT STEP is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, NEXT STEP has 4,583 members and a potential membership field of 1,032,666 people.
NEXT STEP's net worth ratio is 9.86% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 9.9%, NEXT STEP meets this threshold.
NEXT STEP operates 3 branch locations and has access to 2 ATMs. The main office is located at 150 Defreest Dr, Troy, NY 12180.
NEXT STEP was established in 1954. It is a federal credit union chartered under charter number 9486. The institution has been serving members for 72 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or NEXT STEP. All financial data is for informational purposes only.